Binance Alpha: The Optimal Solution to the Bubble 150 Days After Its Birth
Author: Kaori, Blockbeats
Reprinted: Lawrence, Mars Finance
Binance Alpha has formed a value consensus among project parties, profit-seekers, and retail investors across multiple layers, where project parties ‘supply’ to Alpha, profit-seekers perform KYC in bulk to start a new round of profit-seeking, while retail investors navigate between point restrictions, lucky tail numbers, and transaction wear to make profits.
From the very beginning, launching Alpha was the best exit window for meme tokens, to Alpha 2.0’s earliest rounds of ‘violent money distribution,’ and then to launching a point system to filter users, with token issuers lining up to launch on Alpha, Binance gradually regained the flow and pricing power of the on-chain market step by step. Behind all this is Binance's ambition to reorganize the ecosystem through liquidity discourse on the asset side after being left behind by OKX on the product side.